One of the most important articles of the year: “ClimateGate Analysis“, John P Costella,”, Science and Public Institute, 10 December 2010 — The actual emails, in sequence, with annotations. As gripping reading as any novel, but far more important. Convicted by their own words.

If the US (or worse, the world) experiences a another leg down in this recession, the consequences will be severe. We’re in the 3rd year, and many families, businesses, and governments have exhuasted their reserves — and will go over the edge if the current stable period ends with another drop.

increased foreclosures and bankruptcies in the US, from already post-depression peak levels.

disintegration of the European Monetary Union.

probable political and structural change in many western economies, including ours

Some important information about this:

“Tracking the Global Recession”, St. Louis Fed — The recession has stabilized at low levels, but with few signs of recovery.

Ah the MYTHS in human life and the strong ones in the Land of the Exceptionals….

“(the war in Iraq being merely the latest example of its externalization). Not only did the Indians pay a terrible price as a result, but so did blacks and other minorities. It is a legacy that no one wants to talk about, at least none of the oligarchs currently in control of the attenuated American Republic, which is why the old myths about freedom-loving patriots continue to hold sway. ”

#2 is particularly interesting. We need to come to terms with the less attractive aspects of our national myth: that to a great extent it served to further the elimination of Native American societies and perpetuate negro slavery. For all its faults the British Empire was somewhat more advanced with regard to both.